Apple Announces Q213 Revenue of $43.6bn

By Alex Brooks Apple’s fiscal second quarter revenue with top end Apple estimate
Apple today announced financial results for its second fiscal quarter of 2013 which ran from January 1, 2013 until March 31. Apple posted revenue of $43.6 billion and net quarterly profit of $9.5 billion, or $10.09 per diluted share. These results compare to revenue of $39.2 billion and net profit of $11.6 billion, or $12.30 per diluted share, in the year-ago quarter. Gross margin was 37.5 percent compared to 47.4 percent in the year-ago quarter. International sales accounted for 66 percent of the quarter’s revenue.
Apple reported the following number of shipments for its products during the quarter:
37.4 million iPhones compared to 35.1 million in the year-ago-quarter
19.5 million iPads compared to 11.8 million in the year-ago-quarter
3.95 million Macs compared to 4 million in the year-ago quarter
5.63 million iPods compared to 7.7 million in the year-ago quarter.

“We are pleased to report record March quarter revenue thanks to continued strong performance of iPhone and iPad,” said Tim Cook, Apple’s CEO. “Our teams are hard at work on some amazing new hardware, software and services, and we are very excited about the products in our pipeline.”
“Our cash generation remains very strong, with $12.5 billion in cash flow from operations during the quarter and an ending cash balance of $145 billion,” said Peter Oppenheimer, Apple’s CFO.
Apple provided the following guidance for its fiscal 2013 second quarter:
revenue between $33.5 billion and $35.5 billion
gross margin between 36 percent and 37 percent
operating expenses between $3.85 billion and $3.95 billion
other income/(expense) of $300 million
tax rate of 26%

Source: World of Apple